India aims to supply 25 per cent of electricity from nuclear power by 2050. India’s fuel situation, with shortage of fossil fuels, is driving the nuclear investment for electricity for 2050 when 1094 GWe (Giga Watt Electricity) of base-load capacity is expected to be required.
Areva and other foreign manufacturers are in talks with India to build nuclear reactors
French and Chinese companies are among those preparing a joint bid, the newspaper said. Potential bidders could include Areva CEPFi.PA, EDF , Toshiba’s Westinghouse Electric Corp , China Guangdong Nuclear Power Group, South Korea’s Korea Electric Power Corp and Russia’s Rosatom.
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